Trump Closes the Consumer Protection Agency

The Trump administration closing the Consumer Protection Agency is another example of how Trump and Republicans doesn’t give a DAMN about Average Joe Americans and only cares about the $RICH$

 

“The Trump administration has ordered the Consumer Financial Protection Bureau to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis and subprime mortgage-lending scandal.

Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB, in a Saturday night email confirmed by The Associated Press, to stop work on proposed rules, to suspend the effective dates on any rules that were finalized but not yet effective, and to stop investigative work and not begin any new investigations. The agency has been a target of conservatives since President Barack Obama pushed to include it in the 2010 financial reform legislation that followed the 2007-2008 financial crisis.”

 

Ex-consumer watchdog director speaks out after Trump fires him

As Elon Musk’s DOGE threatens to fire nearly every employee at the Consumer Financial Protection Bureau, the agency’s former director Rohit Chopra joins The Weekend to speak out against that plan.

 

Trump Closes the Consumer Protection Agency. This is just another example of how Trump & Republicans are for the RICH and don’t give a DAMN about average Joe working class Americans

 

School grants, AIDS treatments & consumer protection: first victims of Musk and Trump’s budget cuts

 

Consumer Financial Protection Bureau Showdown: Trump Appoints Director Who Vowed to Kill Agency